At the time of writing, the U.S. 2020 election still hangs on a knife-edge, with either candidate still in the running to win. According to the BBC, Biden is ahead, but counting in Georgia, North Carolina, Pennsylvania, Arizona, Nevada, and Alaska has yet to close. “Mr Biden has 243 Electoral College votes, giving him the…
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A confluence of bullish fundamental and technical indicators sees Ethereum rallying upward towards $500 in the fourth quarter. The second-largest blockchain asset by market capitalization has rallied by more than 200 percent in 2020, with its price trading just shy of $490 in early September. Nevertheless, its uptrend paused as traders migrated to Bitcoin, the…
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The decentralized finance (DeFi) space has seen an extreme correction over the past few days and weeks in spite of a Bitcoin rally. The leading cryptocurrencies pertaining to this space are now down by over 70% from their all-time high (on average) while BTC has gained 30% in the past two weeks. For one, Yearn.finance…
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Cardano’s price is correcting higher from the $0.0880 support. Bitcoin price is surging, but ADA must climb above $0.0980 and $0.1000 to start a strong rally. ADA extended its decline towards the $0.0880 support before correcting higher against the US dollar. The price is now testing the $0.0950 resistance and it is well below the…
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Ethereum’s ether started a fresh increase above $385, following bitcoin’s rise above $13,800 against the US Dollar. ETH price is likely to continue higher towards $420 and $425. Ethereum is up over 5% and it broke the key $400 resistance level. The price is now trading above $404 and the 100 hourly simple moving average.…
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Bitcoin price is rising steadily and it even broke the $14,000 resistance against the US Dollar. BTC is showing positive signs and it seems like US election results might trigger swing moves. Bitcoin remained in a positive zone and it climbed above the $14,000 resistance zone. The price traded to a new 2020 high at…
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Bitcoin has seen a rapid rally over the past few weeks after falling as low as $9,800. Bulls rapidly bid that bottom as the market printed sub-five digit prices for the first time in many weeks. The cryptocurrency now trades at $14,300, even in the face of bearish news events such as OKEx shutting down…
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Uniswap’s UNI token, like many other digital assets residing within the DeFi sector, has seen an intense selloff throughout the past couple of months, with its post-launch highs of $8.50 marking a macro top that is now over 4x above where it is currently trading. The recent decline has come about as some large holders…
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After a strong drop earlier this week, Ethereum finally gained some strength on Wednesday. The price of the leading cryptocurrency surged 8% higher in the past 24 hours from $375 to a high around $409. Ethereum currently trades for $404 after a slight pullback from the daily highs. Analysts are optimistic about Ethereum’s prospects as…
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Chainlink is now trading at half of the price it was at just months ago, after entering price discovery mode and setting new high after high. If the once-unstoppable altcoin cannot close this week’s candle above $11 per LINK token, then its price could sink a lot further instead. Why Chainlink’s Weekly Close Is Its…
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